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1 comment(s). Last comment by EngineeringProfit 2 weeks ago
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
No more letting T2-15 pay for their transport, Burbery and extravagant lifestyle. Let MPs pay for the actual cost of such living........WHY not be really functional Robin Hood?
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
The hardworking, successful taxpayers in the T2-T15 bracket, who contribute the lion’s share of the tax revenue, shoulder a far greater financial burden than politicians who enjoy numerous perks funded by the public purse. Unlike these officials, whose benefits include subsidized housing, healthcare, transportation, and travel allowances, T2-T15 earners must finance their living expenses without such privileges. These taxpayers are deeply committed to their work and families, often juggling demanding jobs, mortgages, education costs, and savings for retirement. Removing subsidies on essentials would increase their financial strain, as they lack the safety nets and additional income streams that politicians enjoy. For these earners, every additional expense can have a compounding effect, impacting their ability to save, invest, and maintain their standard of living. As the backbone of the tax base, T2-T15 taxpayers already support government programs and subsidies, funding the very benefits that politicians receive. The removal of subsidies would not just hit their finances but could lead to diminished economic productivity, as these individuals might have to cut back on spending, impacting the economy as a whole. The expectation that they should continue to bear additional financial burdens, while elected officials live at the expense of their contributions, highlights an inequitable distribution of resources that deserves reconsideration.